UAE Exits OPEC to Boost Flexibility and $55B ADNOC Investment Amid Hormuz Crisis
The United Arab Emirates has said its decision to leave OPEC and OPEC+ is aimed at improving flexibility and boosting…
Category: Business
Latest business news, corporate updates, company results, mergers, policy changes, and market moving developments in India and globally.
OPEC Plus Sparks Oil Market Buzz with Fresh Output Move for June 2026
The Organization of the Petroleum Exporting Countries and its allies, commonly known as OPEC Plus, held a virtual meeting on…
India Flags Fiscal Stress as Oil Surge Risks Rs 50,000 Cr Subsidy Spike, Fuel Hike Looms
India’s fiscal situation is coming under pressure after the West Asia crisis, with Expenditure Secretary V Vualnam warning that uncertainty…
S&P Raises Oil Price Outlook on Supply Risks
S&P Global has increased its oil price assumptions for both West Texas Intermediate and Brent crude for the rest of…
India April Report Flags Risks From West Asia Crisis
The India April Economic Report says the West Asia conflict has now lasted about 60 days since February 28, and…
India gold demand shifts as investment beats jewellery
World Gold Council (WGC) said India saw a historic shift in gold demand in the March quarter, with investment demand…
India IIP Growth Slows to 4.1% in March 2026
India’s Index of Industrial Production recorded growth of 4.1% year on year in March 2026, down from 5.2% in February…
UAE Announces Exit from OPEC and OPEC Plus
The United Arab Emirates has officially announced that it will exit OPEC and OPEC Plus starting May 1, according to…
India New Zealand FTA boosts trade and jobs growth
India’s Union Minister of Commerce and Industry Piyush Goyal and New Zealand’s Minister for Trade and Investment Todd McClay have…
Foreign Treasury Holdings Hit Record $9.49 Trillion
Foreign holdings of US Treasuries jumped by $200 billion in February, reaching a record $9.49 trillion. Over the past 12…
India PMI jumps to 58.3 as manufacturing leads
India’s private sector showed stronger momentum at the start of the new fiscal year. After slowing in March due to…
EU Weighs Emergency Jet Fuel Controls as Airline Cuts Spread
The European Union is considering emergency measures to manage jet fuel supply as the crisis deepens. Officials are discussing requirements…
Aatmanirbhar Bharat: MoD signs Rs 975 crore contracts for TRAWL systems
The Ministry of Defence signed contracts worth approximately Rs 975 crore on April 21, 2026, for the procurement of TRAWL…
US Launches $166 Billion Tariff Refund Portal; $12 Billion Linked to Indian Goods
The United States government has begun refunding tariffs worth up to $166 billion after the Supreme Court ruled that tariffs…
India Core Sector Growth Slips 0.4% in March 2026
What Happened in India’s Core Sector Data India’s eight core industries contracted by 0.4% year-on-year in March 2026, marking a…
India’s First Chip Fabrication Plant Approved at Dholera SEZ
The Government of India has officially notified the country’s first semiconductor chip fabrication plant at Dholera Special Economic Zone in…
US Iran talks fail as Trump orders Hormuz blockade
US President Donald J. Trump said the United States will begin a naval blockade of the Strait of Hormuz after…
Delhi EV Policy 2026–30 Targets Faster Electric Shift
What Happened in Delhi EV Policy 2026–30 Delhi’s government has proposed a new Electric Vehicle (EV) Policy for 2026–2030 aimed…
RBI Holds Repo Rate at 5.25% Amid Global Risks
What Happened in RBI Monetary Policy The Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.25%…
US Imposes 100% Tariffs on Pharma Imports
What Happened in US Pharma Tariff Policy On April 2, 2026, the United States announced sweeping trade measures under Section…
Trump Signals Iran War End Risk Oil Rises Markets Slide
President Donald Trump marked one month since the start of Operation Epic Fury against Iran, declaring major battlefield success while…
India SEZ DTA Sales Relief: Customs Duty Cut Announced
What Happened in India’s SEZ Policy Shift India’s tax authority CBIC has rolled out a temporary policy allowing Special Economic…
India’s External Position Improves as Asset Growth Outpaces Liabilities
India’s international investment position showed a notable improvement at the end of December 2025, offering a positive signal for investor…
India IIP Growth Hits 5.2% in February Led by Manufacturing
India’s industrial activity showed steady improvement in February 2026, with the Index of Industrial Production rising 5.2 percent year on…
India Sets Rs 8.20 Lakh Crore Borrowing Plan for H1 FY27
The Government of India has finalized its borrowing roadmap for the first half of FY 2026 to 2027, outlining a…
